Venezuela (VEN) and British Indian Ocean Territory (IOT) Trade

undefined

→

Exports $2.08MRnk 67 / 0

2023

Economic Complexity (ECI) ECI -0.82Rnk 100 / 132

About

In N/A, Venezuela did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Venezuela In false, British Indian Ocean Territory did not export any products to Venezuela.

In N/A, British Indian Ocean Territory did not export any services to Venezuela.

Comparison In 2023, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B). That same year, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationUnited States$3.81B

British Indian Ocean Territory
Top DestinationSingapore$20.2M

This map shows whether countries import more from Venezuela or British Indian Ocean Territory. Each country is colored based on the difference in imports they receive from Venezuela and British Indian Ocean Territory or the difference in the growth in imports.

In 2023, countries that imported more from Venezuela than British Indian Ocean Territory included United States ($3.81B), China ($739M), and Spain ($670M).

In 2023, countries that imported more from British Indian Ocean Territory than Venezuela included Singapore ($20.2M), Pakistan ($1.88M), and South Africa ($137k).

Difference in imports from British Indian Ocean Territory () and Venezuela () (2023)

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Venezuela and British Indian Ocean Territory. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over British Indian Ocean Territory. Similarly, a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Venezuela.